The TSX Venture Exchange has accepted for filing West African Iron Ore Corp.'s proposal to issue 2,415,000 shares to settle outstanding debt for $241,500.

Number of creditors:  four

Insiders:  Paul Matysek $90,500, 10 cents, 905,000; Jonathan Challis $46,000, 10 cents, 460,000

The company shall issue a news release when the shares are issued and the debt extinguished.